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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (15980)6/29/2004 1:06:21 PM
From: Gemlaoshi  Read Replies (2) | Respond to of 110194
 
The timing of the WM announcement is certainly curious. Just as the Fed "jawbones" rates with actually making a move on the FF rate, perhaps the major players are using the same tactics.

Is it possible that WM's announcement of a weakening mortgage market was timed to influence the Fed's decision on the rate increase?